Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    16330 Arapahoe Rd Foxfield, CO 80016

    Property Lookup

    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    16330 Arapahoe Rd Foxfield, CO 80016

    View on Map
    • Grocery and convenience stores
    • 5,051 SF
    • 1.03 lot acres
    Off-Market
    Property ID
    US13-0888849
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Grocery and convenience stores

    Property Details for 16330 Arapahoe Rd

    Year built
    2006
    Lot size
    1.03 lot acres
    Property size
    5,051 SF
    Property type
    Grocery and convenience stores
    Property subtype
    Gas stations

    Description

    This exceptional investment opportunity presents a 5,051 square foot retail property, operating as a Waterway Gas & Wash convenience store and gas station, located at 16330 E Arapahoe Rd, Foxfield, CO 80016. The property sits on a 1.03-acre lot and includes 17 parking spaces and 6 gas pumps. Currently operating under an Absolute NNN ground lease with a corporate guarantee, this property offers significant advantages to investors seeking a low-maintenance, high-return asset. The lease commenced April 1, 2006, and expires March 31, 2028, with a remaining term of approximately 3.4 years. Six 5-year lease options are included, providing long-term stability. The current asking price is $3,270,000, representing a price per square foot of $647.40 and a compelling 6.01% cap rate based on a Net Operating Income (NOI) of $196,390. The property boasts 100% occupancy and features rent bumps of 10% every 5 years, ensuring consistent income growth. Built in 2006, this well-established business benefits from a strong tenant history, having occupied the premises since its inception. This is a rare opportunity to acquire a stable, high-performing retail asset with significant upside potential.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Foxfield
    County
    Arapahoe
    State
    Colorado
    Longitude
    -104.7983355
    Latitude
    39.5943644

    Comparable in this City

    • $4,100,000

      Freestanding Retail Investment Opportunity

      Single-tenant retail property with long-term lease and high visibility.
      15725 East Briarwood Cir, Aurora, CO 80016
      View Details
    • Contact for pricing
      29,713 SF

      Value-Add Retail Opportunity

      Retail property with high vacancy and strong visitor traffic.
      2253 E Briarwood Ave, Centennial, CO 80016
      View Details
    • $9,998,000

      16.2 Acres in Foxfield, CO

      Rare 16.2-acre land parcel in Foxfield, Arapahoe County.
      7400 S Parker Rd, Foxfield, CO 80016
      View Details
    • $350,000

      40 Acres in Elbert, Colorado

      40-acre parcel near Elbert, CO, with mountain views.
      000 County Road 33, Elbert, CO 80016
      View Details
    • $348,000
      Pending

      Comfortable Condo with Patio Access

      Main level condo with 2 bedrooms, 2 bathrooms, and patio.
      22580 E Ontario Dr, Aurora, CO 80016
      View Details
    • $685,000
      2,181 SF

      Modern Flex Space in Centennial

      Modern flex condominium with expansion potential in South Metro Denver.
      13833 E Briarwood Ave, Centennial, CO 80016
      View Details

    Similar Nearby for Sale

    • $4,100,000

      Freestanding Retail Investment Opportunity

      Single-tenant retail property with long-term lease and high visibility.
      15725 East Briarwood Cir, Aurora, CO 80016
      View Details
    • Contact for pricing
      29,713 SF

      Value-Add Retail Opportunity

      Retail property with high vacancy and strong visitor traffic.
      2253 E Briarwood Ave, Centennial, CO 80016
      View Details
    • $9,998,000

      16.2 Acres in Foxfield, CO

      Rare 16.2-acre land parcel in Foxfield, Arapahoe County.
      7400 S Parker Rd, Foxfield, CO 80016
      View Details
    • $350,000

      40 Acres in Elbert, Colorado

      40-acre parcel near Elbert, CO, with mountain views.
      000 County Road 33, Elbert, CO 80016
      View Details
    • $348,000
      Pending

      Comfortable Condo with Patio Access

      Main level condo with 2 bedrooms, 2 bathrooms, and patio.
      22580 E Ontario Dr, Aurora, CO 80016
      View Details
    • $685,000
      2,181 SF

      Modern Flex Space in Centennial

      Modern flex condominium with expansion potential in South Metro Denver.
      13833 E Briarwood Ave, Centennial, CO 80016
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      6,099 SF

      Cornerstar Shopping Center Retail Space

      Retail and restaurant spaces available in busy shopping center.
      6795 S Cornerstar Way, Aurora, CO 80016
      View Details
    • Contact for pricing
      1,592 SF

      Retail Space in Cornerstar Center

      Retail and restaurant spaces available in busy shopping center.
      6750 S Cornerstar Way, Aurora, CO 80016
      View Details
    • Contact for pricing
      1,762 SF

      Retail Space in Denver

      Retail space available for lease in Denver, Colorado.
      6710 E Briarwood Cir, Denver, CO 80016
      View Details
    • Contact for pricing
      1,259 SF

      Retail Space in Cornerstar Center

      Retail and restaurant spaces available in busy shopping center.
      15405 E Briarwood Cir, Aurora, CO 80016
      View Details
    • Contact for pricing
      1,400 SF

      Retail Space in Aurora Center

      Retail spaces available in well-established neighborhood shopping center.
      22351-22691 E Aurora Pkwy, Aurora, CO 80016
      View Details
    • Contact for pricing
      1,705 SF

      Aurora Retail Space For Rent

      Retail space in a high-income area with abundant parking.
      15446-15454 E Orchard Rd, Aurora, CO 80016
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    16330 Arapahoe Rd
    Foxfield, CO 80016
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!